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A geological expert has said that even if there is an 'oil bonanza' in the south, then the reserves could be difficult to extract.
Professor Andrew Aplin, from Durham University has identified three problems that he thinks could affect the exploitation of reserves identified in the Weald area, which spans Sussex, Hampshire, Kent and Surrey.
The British Geological Survey (BGS) in association with the Department of Energy and Climate Change (DECC) has completed an estimate for the amount of shale oil and shale gas in the Weald Basin in south-east England.
The range of shale oil in place is estimated to be between 2.20 and 8.57 billion barrels (bbl) or 293 and 1,143 million tonnes, but the central estimate for the resource is 4.4 billion bbl or 591 million tonnes.
The case for fracking is yet to be proven on environmental or economic grounds, the national officer of the GMB union has said, reacting to reports on the forthcoming British Geological Survey, which is expected to reveal huge oil reserves across Southern England.
A report published later today from the British Geological Survey is expected to reveal huge reserves oil reserves across Southern England, the BBC reports.
The study covers areas across Sussex, Surrey and Kent, is said to say there are several billion barrels of oil in shale rocks, that could be drilled through the controversial fracking process.
The Times is reporting that the government will offer money to areas outlined in a bid to stave off criticism amid growing concerns over the safety of the procedure.
Communities affected by controversial "fracking" will be offered huge sums of money in a bid to win hearts and minds, according to reports.
Communities in potential hacking sites, due to be identified in the British Geological Survey later today, will be offered an average of £800,000 in additional compensation efforts, the Times reports.
Mr Cameron will make the announcement as the survey is published, later today.
Latest ITV News reports
The British Geological Survey has identified the main areas that could be affected by shale oil drilling across southern England.